Post Utme Bowen University 2017 Economics Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2017 Economics Objective / Multiple Choice
Question 33 POST_UTME_BOWEN_UNIVERSITY • 2017 • ECONOMICS • objective

A consumer's indifference curve is steeper than another consumer's indifference curve. This implies that the first consumer has a

Answer Options

Correct Answer A. Higher marginal rate of substitution
B. Lower marginal rate of substitution
C. Higher marginal utility
D. Lower marginal utility
Correct Answer
A
Correct Option:
Higher marginal rate of substitution

About This Question

This is Post Utme Bowen University 2017 Economics Question 33. It is one of the objective questions from the 2017 Post Utme Bowen University Economics examination.

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